Batumi Residential Real Estate – 2Q25 Overview

Summary

Following a rebound in 1Q25, Batumi’s residential real estate sales continued to grow in 2Q25 on both primary and secondary markets. Sales were up by 13.1% on primary market and 23.4% y/y on secondary market, partially reflecting last year’s low base. Prices continued to rise in both markets, with a 2.7% q/q increase in the primary market. Meanwhile, rent prices rose by 1.6% y/y in Jun-25, keeping rental yields high compared to peer cities.